Popular Bitcoin proponent Robert Kiyosaki has taken a slight dig at the exchange-traded fund (ETF) market. According to the author of the Rich Dad Poor Dad novel, he distrusts the Bitcoin ETFs market, noting that the financial investment instrument is a tool that was designed by the elites.
According to his post on the blogging platform X, Robert Kiyosaki mentioned that he sees Bitcoin ETFs as “bankster’s money,” noting that it severely undermines the independent spirit that the cryptocurrency preaches. He added that Bitcoin ETFs, alongside gold and silver ETFs, are extensions of the same corrupt financial machine.
In his post, Robert Kiyosaki highlighted that investment assets are part of the financial assets he has always criticized. Despite being one of the most vocal Bitcoin bulls in the industry, the famous author has vowed not to go near ETFs.
In a previous post on X, he branded them as fake, noting that he views ETFs tied to Bitcoin or precious metals the same way.
Robert Kiyosaki criticizes Bitcoin ETFs
In his post, Kiyosaki mentioned that the way investors can help themselves is to hold physical gold and silver, adding that they should continue to rack up more Bitcoin in the process. He noted that doing that will free the public from what he calls “manipulative intermediaries.”
“Please protect yourself from the banksters. Buy real gold, silver, and Bitcoin. No gold, silver, or Bitcoin ETFs…. Which are bankster’s money,” he said.
Is BITCOIN a SCAM?
— Robert Kiyosaki (@theRealKiyosaki) March 1, 2025
It might be….
But not a big a scam as the US Dollar and the US Banking System…. Starting with the Fed.
They are BANKSTERS.
For example…. When they F. U. and lose billions…. The criminals at the Fed bail them out. They should go to jail.
That’s…
Robert Kiyosaki has always preached his philosophy of investing and holding funds in alternative assets, including Bitcoin and the leading precious metals. In his skepticism about the central financial system, the author had always taken a swipe at the US dollar, the Federal Reserve, and the United States banking industry.
He added that Bitcoin may have some aspects that remain questionable to date, but it is nothing serious compared to the flaws in the financial system. Robert Kiyosaki had accused the Federal Reserve and the banking leaders of covering up their failures by helping out institutions that have suffered massive losses instead of leaving them to face the consequences of their acts.
In addition, he warned the general public of an imminent collapse of the financial system, urging people to take steps that will help shield them from the aftermath of the collapse. Interestingly, Kiyosaki had been preaching about an imminent collapse in the crypto market, facing a wide range of criticisms because most of his predictions have failed to materialize.
Kiyosaki discusses his Bitcoin outlook
Over the last few years, Kiyosaki has seen Bitcoin, gold, and silver as the perfect assets that can be used to protect investor wealth. While he feels they are better used in preparation for a market collapse, Kiyosaki has also long advocated for people to turn to these assets as investment vehicles, instead of putting money in investments like bonds.
The latest comment is coming at a period where investors are taking their funds out of Bitcoin, with the digital asset losing support levels, which has led to unprecedented falls in the crypto market. The new development has moved the author to recommend that the current BTC prices should be seen as a sale, noting that traders can use the opportunity to accumulate more of the asset as he continues to maintain a bullish outlook as always.
Kiyosaki also mentioned that he sees the asset hitting a new record in 2025, predicting that it could go as high as $175k or $350k. However, this stance appears to be more tempered than his November 2025 projection, where he predicted Bitcoin to hit $500k in 2025, noting his source as an unnamed artificial intelligence (AI) tool. While Robert Kiyosaki’s prediction might seem a little bit ambitious, it remains to be seen how the digital asset will trade, considering underlying fundamentals.
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